CCC (company)
| CCC SA | |
|---|---|
| legal form | Spółka Akcyjna |
| ISIN | PLCCC0000016 |
| founding | 1999 |
| Seat |
Polkowice , Poland
|
| management | Marcin Czyczerski ( Chairman of the Board ) Dariusz Miłek ( Chairman of the Supervisory Board ) |
| Number of employees | 15,618 |
| sales | 5.84 billion zloty (1.3 billion euros ) |
| Branch | retail trade |
| Website | www.ccc.eu |
| As of December 31, 2019 | |
CCC SA is a listed company from Poland with headquarters in Polkowice . The company sells shoes and care products , handbags , leather accessories ( belts , purses, etc.), jewelry and bicycle equipment (including helmets , glasses , cycling clothing) in retail in the Central and Eastern European market and has been in the WIG20 financial index of the Warsaw Stock Exchange since December 2015 listed.
history
Early nineties Dariusz Miłek founded the trading company Miłek that its corporate purpose wholesale and retail represented with shoes. From 1996, activities were expanded as part of a franchise concept under the name Żółta Stopa (English: yellow foot ).
In 1999 the company CCC Sp. Z oo was finally founded - the abbreviation CCC stands for “Cena czyni cuda” (German for “The price works wonders”).
In April 2001, the company opened its new headquarters and logistics location in Polkowice , a town in the Legnica Special Economic Zone in Lower Silesia . At the same time, the group's first production facility, CCC Factory Sp. Z oo, started operations.
After the company changed its legal form to Spółka Akcyjna , the Polish form of joint-stock company, in June 2004, the company went public on the Warsaw Stock Exchange in the same year . The first trading day of the share was December 22, 2004; the company's founder and CEO Dariusz Miłek initially remained the majority shareholder.
In December 2004, with the establishment of CCC Czech sro with headquarters in Prague, business activities in other European countries began. The development of further European markets took place with the establishment of further subsidiaries in 2012 ( Slovakia , Hungary ), 2013 ( Austria , Croatia , Slovenia , Germany ) and 2014 ( Bulgaria ).
In December 2015, the company's share was included in the WIG 20 index of the Warsaw Stock Exchange, which tracks the 20 most important Polish companies by market capitalization .
In 2016, the company acquired 74.99% of the shares in the company eobuwie.pl SA , based in Zielona Góra , the market leader in online shoe sales in Poland; under the name Eschuhe.de is eobuwie also active in the German market. Shortly before, eobuwie had aimed to go public in the third quarter of 2016. As part of this transaction, CCC also acquired the option to purchase the remaining eobuwie shares by 2020.
In the same year, subsidiaries were founded in Serbia and Russia with the aim of selling the company's products in local markets.
In January 2018, the company announced plans to expand into countries in the Middle East , including Saudi Arabia , United Arab Emirates , Oman , Qatar and Bahrain . The first of the at least 60 planned, franchised stores are scheduled to open in 2019.
In April 2018, CCC reached an agreement with Adler International , a franchisee, to take over all 41 Polish CCC stores operated by Adler (including 4 under construction) for 68.5 million zloty (approx. 15.6 million euros ). The competent competition authority , Urząd Ochrony Konkurencji i Konsumentów, approved the transaction in June 2018. Adler International is to use part of the funds raised in this way to expand the CCC franchise business in Ukraine and is to open 50 new stores there by 2021 .
A similar transaction also took place in April 2018 with the company Peeraj Brands International - CCC took over 100% of the shares in the Romanian company Shoe Express from Peeraj Brands for 33 million euros. The company had previously operated the Romanian CCC stores as a franchisee.
In October 2018, it became known that the company was preparing an IPO of its subsidiary eobuwie.pl on the Warsaw Stock Exchange.
In November 2018, the CCC group completed the acquisition of 51% of the shares of the Women's Shoes specialized online shops DeeZee.pl for 13 million zloty (about 3 million euros ) and acquired also the option to acquire the remaining shares in the course the following five years.
In November 2018 it became known that the CCC Group and the HR Group GmbH & Co. KG (e.g. known from Reno ) are in negotiations about a transaction in which the CCC Group will acquire all shares in the German subsidiary CCC Germany GmbH , based in Frankfurt am Main, was sold to the HR Group and in return acquired a minority stake of 32.84% of the shares in the HR Group . In addition, the transaction should also include the option to acquire further shares in the HR Group currently held by capiton V GmbH & Co. Beteiligungs KG . Some of the 79 existing German CCC branches will continue to operate under the Reno brand , others will be closed.
In 2018, the CCC Group acquired a 70% stake in the second largest Swiss shoe retail chain Karl Vögele AG with around 200 branches for 10 million Swiss francs . The transaction also included the option to acquire the remaining 30% of the shares, which are held by the current Chairman of the Board of Directors, Max Manuel Vögele, from 2021.
In February 2019, CCC acquired 66.13% of the shares of the Słupsk- based competitor Gino Rossi for 0.40 złoty per share. In May 2019, CCC was able to initially increase its stake to 90.02% through the acquisition of new shares from a capital increase by Gino Rossi; In July 2019, the remaining 9.98% of Gino Rossi shares, which were previously in free float, were taken over as part of a squeeze-out .
In addition, in February 2019 CCC acquired 30.55% of the shares in the Luxembourg-based Hamm Reno Group Holding S.á.rL , which is the owner of around 400 Reno stores in Germany. The group is now (indirectly) active again on the German market after the German CCC shops had previously been closed.
The Group's expansion into the Middle East began in April 2019 with the opening of a first store in Qatar ; Shops in Bahrain , Oman and Saudi Arabia followed later in the year.
Branch locations
CCC operates around half of the branches in its Polish home market. In addition, there are locations in other Central and Eastern European countries, some of which are operated within the framework of a franchise concept.
| country | Own shops | Franchise business |
|---|---|---|
| Poland | 473 | 0 |
| Czech Republic | 96 | 0 |
| Hungary | 80 | 0 |
| Romania | 71 | 0 |
| Slovakia | 53 | 0 |
| Austria | 50 | 0 |
| Croatia | 29 | 0 |
| Russia | 41 | 0 |
| Slovenia | 18th | 0 |
| Bulgaria | 17th | 0 |
| Serbia | 14th | 0 |
| Ukraine | 0 | 17th |
| Latvia | 0 | 7th |
| Lithuania | 0 | 4th |
| Estonia | 0 | 4th |
| Moldova | 0 | 1 |
| Saudi Arabia | 0 | 1 |
| Bahrain | 0 | 1 |
| Qatar | 0 | 1 |
| Kosovo | 0 | 2 |
| Oman | 0 | 1 |
| United Arab Emirates | 0 | 4th |
| Switzerland ( Vögele Shoes ) | 179 | 0 |
| Gino Rossi | 50 | 9 |
| eobuwie | 19th | 0 |
| total | 1190 | 52 |
Group structure
The CCC SA holds a parent company investments in subsidiaries in several European countries.
| society | Seat of the company | Field of activity | Participation |
|---|---|---|---|
| CCC Factory Sp. Z oo | Polkowice , Poland | Manufacture of shoes | 100% |
| CCC Czech sro | Prague , Czech Republic | retail trade | 100% |
| CCC Slovakia sro | Bratislava , Slovakia | retail trade | 100% |
| CCC Hungary Shoes Kft. | Budapest , Hungary | retail trade | 100% |
| CCC Austria Ges.mgH | Graz , Austria | retail trade | 100% |
| CCC Obutev doo | Maribor , Slovenia | retail trade | 100% |
| CCC Hrvatska doo | Zagreb , Croatia | retail trade | 100% |
| CCC Germany GmbH (until January 31, 2019) |
Frankfurt am Main , Germany | retail trade | |
| CCC Shoes Ayakkabycylyk Limited Sirketi | Istanbul , Turkey | retail trade | 100% |
| CCC Isle of Man | Douglas , Isle of Man | Services | 50% |
| CCC.eu sp. z oo | Polkowice, Poland | Central purchasing, wholesale | 100% |
| CCC Shoes & Bags sp. z oo | Polkowice, Poland | Investments | 100% |
| CCC Shoes Bulgaria EOOD | Sofia , Bulgaria | retail trade | 100% |
| eobuwie SA | Zielona Góra , Poland | e-commerce | 74.99% |
| NG2 Suisse sarl | Zug , Switzerland | Management of property and trademark rights | 100% |
| CCC Shoes & Bags doo Beograd-Novi Beograd | Belgrade , Serbia | retail trade | 100% |
| eschuhe.de UG | Frankfurt on the Oder , Germany | retail trade | 74.99% |
| Met Logistics sp. z oo | Zielona Góra, Poland | logistics | 74.99% |
| CCC Russia OOO | Moscow , Russia | retail trade | 75% |
| Shoe Express SA | Bucharest , Romania | retail trade | 100% |
| Karl Voegele AG | Uznach , Switzerland | retail trade | 70% |
| DeeZee Sp. Z o. O | Krakow , Poland | retail trade | 51% |
| Gino Rossi SA (since February 20, 2019) |
Krakow , Poland | retail trade | 100% |
| HR Group | Berlin , Germany | retail trade | 30.55% |
Shareholder structure
The company's share capital is divided into 6,650,000 registered shares of series A1 and a total of 34,518,000 bearer shares of series A2 to E and H with a nominal value of PLN 0.10 each.
| Shareholders | Number of shares held | Share in the share capital | Share of voting rights |
|---|---|---|---|
| ULTRO Sarl (controlled by Dariusz Miłek ) | 11,250,000 | 27.33% | 34.94% |
| Leszek Gaczorek | 2,000,000 | 4.86% | 6.36% |
| Aviva OFE Aviva Santander | 3,059,136 | 7.43% | 6.40% |
| Nationale-Nederlanden OFE | 3,092,589 | 7.51% | 6.47% |
| Free float | 21,766,275 | 52.87% | 45.83% |
Web links
Individual evidence
- ^ Władze CCC. Retrieved March 8, 2020 (Polish).
- ↑ a b c d e f Grupa kapitałowa CCC SA: Roczne skonsolidowane sprawozdanie z działalności grupy kapitałowej CCC SA za 2019 rok. (PDF; 6.1 MB) March 6, 2020, accessed March 8, 2020 (Polish).
- ↑ a b Grupa kapitałowa CCC SA: Skonsolidowane sprawozdanie finansowe grupy kapitałowej CCC SA za rok 2019. (PDF; 5.3 MB) March 6, 2020, accessed on March 8, 2020 (Polish).
- ↑ Giełda Printing Works w Warszawie SA : Komunikat Zarządu Giełdy Printing Works w Warszawie SA z dnia 10 listopada 2015 roku (Rynek Główny GPW). Retrieved December 3, 2017 .
- ↑ CCC SA data pierwszego notowania papierów wartościowych po asymilacji. December 16, 2004, accessed November 23, 2018 (Polish).
- ↑ Komunikat Zarządu Giełdy Papierów Wartościowych w Warszawie SA z dnia 10 listopada 2015 roku (Główny Rynek GPW). November 10, 2015, accessed November 23, 2018 (Polish).
- ↑ CCC acquires Poland's largest online shoe shop Eobuwie.pl. August 31, 2015, accessed November 23, 2018 .
- ↑ a b CCC inwestuje w Eobuwie.pl. August 26, 2015, accessed November 23, 2018 (Polish).
- ↑ Magdalena Wierzchowska: Król butów online zatańczy na parkiecie. June 12, 2015, accessed November 23, 2018 (Polish).
- ↑ Polski giant obuwniczy chce podbić bliski Wschód. January 17, 2018, accessed November 23, 2018 (Polish).
- ↑ CCC kupi od Adler International sklepy działające pod marką CCC za 68,5 mln zł. April 12, 2018, Retrieved November 23, 2018 (Polish).
- ↑ CCC wybiera się na zakupy. Spółka kupi salony pod marką ... CCC. June 2, 2018, accessed November 23, 2018 (Polish).
- ↑ Poland's CCC retailer plans to open 50 stores in Ukraine by 2021. May 6, 2018, accessed on November 23, 2018 .
- ↑ Poland's CCC buys Romania's Shoe Express for 33 mln euro. April 26, 2018, accessed November 23, 2018 .
- ↑ Spółka eobuwie.pl rozważa wejście na giełdę. October 23, 2018, accessed November 23, 2018 (Polish).
- ↑ CCC przejmuje markę DeeZee. November 6, 2018, accessed November 23, 2018 (Polish).
- ↑ Grupa kapitałowa CCC SA: Current report No. 50/2018. November 8, 2018, accessed November 22, 2018 .
- ↑ Harald Thomeczek: German CCC stores go to Reno. November 9, 2018, accessed November 22, 2018 .
- ↑ Thomas Schürpf: The shoe retailer Vögele goes to the Polish CCC group. May 23, 2018. Retrieved November 22, 2018 .
- ↑ Grupa kapitałowa CCC SA: CCC acquired 70% of shares in Karl Vögele AG. May 22, 2018, accessed November 22, 2018 .
- ↑ CCC takes over Gino Rossi. March 8, 2019, accessed March 15, 2019 .
- ↑ Current Report No. 32/2019. May 24, 2019, accessed on August 11, 2019 .
- ↑ Current report No. 43/2019. July 12, 2019, accessed August 11, 2019 .